Market Fit Evidence
IMPORTANT: This file contains comprehensive evidence of market validation and traction for EPIC-X 2026 application (Section 3: Impact & Market - 25 points). Update placeholders with actual data from Commercial, Finance, Clinical, and Regulatory teams.
Hospital Contracts
Active Hospital Partnerships
| Hospital/Client Name | Location | Contract Type | Close Date | Contract Value | Status | Primary Use Case |
|---|---|---|---|---|---|---|
| Bella Aurora | Spain | Consultancy | Sep 14, 2020 | EUR 63,555.52 | Closed Won | Clinical advisory |
| SERMAS, Novartis, Hospital Puerta de Hierro | Madrid, Spain | Clinical trial | Jul 16, 2021 | EUR 72,000 | Closed Won | Clinical trial endpoint |
| Almirall | Spain | Consultancy | Dec 13, 2021 | EUR 20,000 | Closed Won | Pharmaceutical partnership |
| Hospital de Torrejón Pilot | Madrid, Spain | Pilot | Jul 28, 2020 | EUR 19,600 | Closed Won | Clinical decision support |
| Sanitas Seguros BluaU | Spain | Integration | Nov 6, 2023 | EUR 17,360 | Closed Won | Teledermatology platform |
| [UPDATE: Additional active contracts] | [Country] | [Type] | [Date] | EUR [Amount] | Active | [Use case] |
| TOTAL WON | EUR 192,515.52 | Historical |
Notes:
- Contract Types: Subscription (recurring SaaS), License (one-time + maintenance), Clinical Trial (per-study fee)
- Use Cases: Clinical Trials (endpoint assessment), Teledermatology (remote diagnosis support), Clinical Decision Support (in-clinic diagnostic aid)
Hospital Partnership Pipeline (Prospects)
| Hospital/Health System | Location | Stage | Expected Close | Projected ARR | Use Case |
|---|---|---|---|---|---|
| [UPDATE: Prospect 1] | [City, Country] | [Pilot/Negotiation] | [Quarter Year] | EUR [Amount] | [Use case] |
| [UPDATE: Prospect 2] | [City, Country] | [Stage] | [Quarter] | EUR [Amount] | [Use case] |
Revenue Metrics
Historical Revenue (Actual)
| Year | Total Revenue | YoY Growth | Hospital Contracts (Count) | Clinical Trial Revenue | Other Revenue | Notes |
|---|---|---|---|---|---|---|
| 2022 | EUR [Amount] | N/A (baseline) | [Count] | EUR [Amount] | EUR [Amount] | [e.g., First commercial year] |
| 2023 | EUR [Amount] | [+X%] | [Count] | EUR [Amount] | EUR [Amount] | [e.g., CE marking obtained] |
| 2024 | EUR [Amount] | [+X%] | [Count] | EUR [Amount] | EUR [Amount] | [e.g., Hospital expansion] |
Revenue Projections (Forecast)
| Year | Total Revenue (Projected) | Growth Assumption | Key Drivers |
|---|---|---|---|
| 2025 | EUR [Amount] | [+X%] | [e.g., US market entry, Germany expansion, 5 new hospital contracts] |
| 2026 | EUR [Amount] | [+X%] | [e.g., FDA clearance, Series A funding, 10 new contracts] |
Revenue Model: SaaS subscription (recurring) + Clinical trial licensing (project-based)
Customer Retention: [UPDATE: % of customers retained year-over-year, e.g., "95% retention rate"]
Clinical Validation Studies (7 Studies, 1000+ Patients)
Completed Clinical Studies
| Study Code | Study Name/Topic | Hospital/Partner | Location | Patients (n) | Start Date | End Date | Publication Status |
|---|---|---|---|---|---|---|---|
| BI_2024 | Psoriasis APASI Validation | Boehringer Ingelheim (Pharma) | [Location] | 1,000 | [Month Year] | [Month Year] | Published / In review / Pending |
| AIHS4_2025 | Hidradenitis Suppurativa (HS) | Vall d'Hebron | Barcelona, Spain | [n] | [Start] | [End] | [Status] |
| SAN_2024 | [Study topic] | [Hospital] | [Location] | [n] | [Start] | [End] | [Status] |
| DAO_2022 | Time savings study | [Hospital] | [Location] | [n] | [Start] | [End] | [Status] |
| IDEI_2023 | Eczema validation | [Hospital] | [Location] | [n] | [Start] | [End] | [Status] |
| MC_EVCDAO_2019 | Early validation | [Hospital] | [Location] | [n] | [Start] | [End] | [Status] |
| [Study 7] | [Topic] | [Hospital] | [Location] | [n] | [Start] | [End] | [Status] |
| TOTAL | 7 studies | 1000+ | 6+ publications |
Study Objectives: Clinical validation of AI accuracy, severity assessment validation, clinical workflow impact, time savings quantification
Study Design: Prospective, multi-center, real-world evidence generation
Peer-Reviewed Publications (6+)
Publications List
| # | Authors | Title | Journal | Year | DOI/Link | Citations |
|---|---|---|---|---|---|---|
| 1 | [UPDATE: Authors] | [UPDATE: Title] | [UPDATE: Journal] | [Year] | [DOI] | [Count] |
| 2 | [UPDATE: Authors] | [UPDATE: Title] | [UPDATE: Journal] | [Year] | [DOI] | [Count] |
| 3 | [UPDATE: Authors] | [UPDATE: Title] | [UPDATE: Journal] | [Year] | [DOI] | [Count] |
| 4 | [UPDATE: Authors] | [UPDATE: Title] | [UPDATE: Journal] | [Year] | [DOI] | [Count] |
| 5 | [UPDATE: Authors] | [UPDATE: Title] | [UPDATE: Journal] | [Year] | [DOI] | [Count] |
| 6 | [UPDATE: Authors] | [UPDATE: Title] | [UPDATE: Journal] | [Year] | [DOI] | [Count] |
Total Citations: [UPDATE: Sum of all citations if available]
Impact: Peer-reviewed publications demonstrate scientific rigor and clinical acceptance of AI technology
Regulatory Clearances
Obtained Regulatory Approvals
| Regulatory Body | Clearance Type | Device Name/Indication | Certificate/Registration # | Clearance Date | Status |
|---|---|---|---|---|---|
| CE (EU MDR) | Class IIb Medical Device | Legit.Health Plus (239 ICD-11 conditions) | [UPDATE: Certificate #] | 2023 | Active |
| AEMPS (Spain) | Medical Device License | Legit.Health Plus | [UPDATE: License #] | [Year] | Active |
| MHRA (UK) | Medical Device Registration | Legit.Health Plus | [UPDATE: Registration #] | [Year] | Active |
| ANVISA (Brazil) | Medical Device Registration | Legit.Health Plus | [UPDATE: Registration #] | [Year] | Active |
| FDA (US) | Small Business Program | Legit.Health Plus (510(k) ongoing) | N/A | In Progress | Active |
| ISO 13485:2016 | QMS Certification | Quality Management System | [UPDATE: Certificate #] | [Year] | Active |
Ongoing Regulatory Submissions
| Regulatory Body | Submission Type | Target Indication/Device | Expected Clearance | Status |
|---|---|---|---|---|
| FDA (US) | 510(k) | [UPDATE: Predicate device, indication] | Q[X] 202[X] | [Pre-submission/Submitted] |
Regulatory Strategy: High regulatory barrier demonstrates deep-tech credibility and market defensibility
Clinical Trial Partnerships (Pharmaceutical & CRO)
Active Clinical Trial Collaborations
| Pharma/CRO Partner | Trial/Indication | Role of Legit.Health | Contract Value | Duration | Status |
|---|---|---|---|---|---|
| Boehringer Ingelheim | Psoriasis (APASI endpoint) | Severity assessment endpoint measurement | EUR [Amount] | [Start]-[End] | Active |
| Janssen | [UPDATE: Indication] | [UPDATE: Role] | EUR [Amount] | [Dates] | Active |
| SUN Pharma | [UPDATE: Indication] | [UPDATE: Role] | EUR [Amount] | [Dates] | Active |
| [Other Partners] | [UPDATE] | [UPDATE] | EUR [Amount] | [Dates] | Active |
Total Clinical Trial Revenue (2024): EUR [UPDATE: Total]
Use Cases in Clinical Trials:
- Primary/Secondary Endpoint Assessment: AI-powered severity scoring (PASI, SCORAD, EASI, etc.)
- Patient Screening: Automated eligibility assessment based on lesion classification
- Remote Monitoring: Teledermatology for decentralized trials
Customer Testimonials
Hospital Dermatologist Testimonials
Testimonial 1 - [Hospital Name], [City, Country]:
"[UPDATE: Quote from dermatologist about diagnostic accuracy, time savings, clinical utility]"
— Dr. [Name], [Title], [Hospital]
Testimonial 2 - [Hospital Name], [City, Country]:
"[UPDATE: Quote about impact on clinical workflow, patient outcomes, or teledermatology use case]"
— Dr. [Name], [Title], [Hospital]
Clinical Trial Manager Testimonials
Testimonial 3 - [Pharma/CRO Name]:
"[UPDATE: Quote about reliability of AI for endpoint assessment, consistency, cost savings]"
— [Name], [Title], [Company]
Market Opportunity (Addressable Market)
Total Addressable Market (TAM)
Global Dermatology AI Market:
- Market Size (2024): USD $2.3 billion (EUR ~2.1 billion)
- CAGR: 12.5% (2024-2030)
- Market Size (2030): USD $4.7 billion (EUR ~4.3 billion)
- Source: [UPDATE: Market research source, e.g., Mordor Intelligence, IDC, Grand View Research]
Addressable Segments:
- Hospitals: Diagnostic decision support, teledermatology, clinical pathways
- Clinical Trials: Endpoint assessment, patient screening, remote monitoring
- Teledermatology Platforms: B2B integration, white-label solutions
Serviceable Addressable Market (SAM) - Europe + US
European Market:
- Target Countries: Spain, UK, Germany, France, Italy (combined population: ~300M)
- Dermatologists: ~[UPDATE: Count]
- Hospitals with dermatology departments: ~[UPDATE: Count]
- Market opportunity: EUR [UPDATE: Estimated SAM]
US Market:
- Dermatologists: ~[UPDATE: Count]
- Hospitals with dermatology: ~[UPDATE: Count]
- Market opportunity: EUR [UPDATE: Estimated SAM]
Geographic Expansion Strategy
Current Markets (Established)
| Country | Status | Regulatory | Hospital Contracts | Revenue (2024) | Key Partners |
|---|---|---|---|---|---|
| Spain | Established | CE MDR | [UPDATE: Count] | EUR [Amount] | [Hospital names] |
| UK | Established | MHRA | [UPDATE: Count] | EUR [Amount] | [Hospital names] |
Target Markets (2025-2026)
| Country | Entry Timeline | Regulatory Pathway | Target Contracts (2026) | Projected Revenue (2026) | Key Entry Strategy |
|---|---|---|---|---|---|
| Germany | Q2 2025 | CE MDR (valid) | 3-5 hospitals | EUR [Amount] | [e.g., Partnership with university hospitals] |
| France | Q3 2025 | CE MDR (valid) | 2-4 hospitals | EUR [Amount] | [e.g., Focus on AP-HP network] |
| Italy | Q4 2025 | CE MDR (valid) | 2-3 hospitals | EUR [Amount] | [e.g., Regional health systems] |
| USA | Q1 2026 | FDA 510(k) | 1-2 initial pilots | EUR [Amount] | [e.g., Academic medical centers] |
Next Steps for Data Collection
To complete this file, gather the following from Legit.Health teams:
-
Commercial Team:
- Hospital contracts: Names, locations, contract types, start dates, annual values, use cases
- Hospital pipeline: Prospects in negotiation, expected close dates, projected ARR
- Customer testimonials: 2-3 quotes from dermatologists or clinical trial managers (names, titles, hospitals/companies, permission to use)
-
Finance Team:
- Historical revenue: 2022, 2023, 2024 actual total revenue
- Revenue breakdown: Hospital contracts vs. clinical trial licensing vs. other
- Revenue projections: 2025, 2026 forecasts with growth assumptions
- Customer retention rate: % of customers retained YoY
-
Clinical Team:
- Clinical studies: Names/topics, hospitals, locations, patient counts (n), start/end dates, publication status
- Publications list: 6+ peer-reviewed articles with authors, titles, journals, years, DOIs, citation counts
-
Regulatory Team:
- Regulatory clearances: Certificate/registration numbers, exact clearance dates, renewal/validity dates
- FDA 510(k) status: Timeline, predicate device information, expected clearance quarter
-
Commercial/Clinical Teams:
- Clinical trial partnerships: Pharma/CRO names, indications, roles, contract values, durations, status
- Total clinical trial revenue (2024)
-
Market Research:
- TAM/SAM data: Source for EUR 2.3B market size, CAGR, market projections
- European and US market opportunity estimates (serviceable addressable market)
- Dermatologist counts, hospital counts by country
-
Strategic Planning:
- Geographic expansion: Entry timelines, target hospital counts, projected revenue by country for 2026
- Entry strategies for Germany, France, Italy, USA